Partnership agreement

It is highly advisable to have a business partnership agreement for any partnership. Create and download the right one for you

About this service

A Partnership agreement is a contract between the members of a partnership which defines the responsibilities and powers of the partners. It also sets out the systems and procedures involved in running the partnership.

This product is suitable for use in: England & Wales

  • Law Firm Review

  • What you get for £179.99 See how this compares
  • Want to to try the service out? Take a look
  • Buy now
    • 1 Your document reviewed by our team of legal professionals within 3 working days
    • 2 Access to our team for advice over the phone
    • 3 Helpful explanations and guidance throughout
    • 4 Customer services advisors on hand to answer any service queries
    • 5 Secure online document storage, tracking and print facility
Prefer to call us for advice or prepare a document by phone? 0800 612 3556
Business law plan

This document is available as part of our Business law plan

Useful information

Why do I need a partnership agreement?

Without a partnership agreement, the business will be governed by the Partnership Act of 1890, which may produce unforeseen or undesirable results, particularly if there is a future disagreement between partners.

How do I create a partnership?

A partnership is formed when two or more individuals (which can include legal entities, such as limited companies) agree that they form a partnership.

How to choose your business structure

When the time comes to select the right structure for your business, there are three main configurations to consider, each of which has advantages and disadvantages.

A Partnership agreement sets out:

  • The responsibilities of the partners
  • The powers of the partners
  • The procedures involved in running the partnership

This service takes about 45 minutes

You can try the service out beforehand, and can save your progress at any time and come back to the document later.

We're here to help

Your document will be reviewed by our legal experts, and you can call us at any time

About us

How MyLawyer works

  1. 1 Fill in an questionnaire online Answer the straightforward questions at your convenience
  2. 2 Submit to a team of legal professionals Our team will advise you and approve your document
  3. 3 Print and sign your document Once approved, simply print and sign your document

See how we helped Michael

"Fantastic! The legal document I used was so comprehensive and easy to complete. It is very reassuring to know my business now has this level of protection"

Michael S, London

Copyright © 2018 Epoq Group Ltd. All trademarks acknowledged, all rights reserved

This website is operated by Epoq Legal Ltd, company number 3707955, whose registered office is at 2 Imperial Place, Maxwell Road, Borehamwood, Hertfordshire, WD6 1JN. Epoq Legal Ltd will be authorised and regulated by the Solicitors Regulation Authority from 15 January 2019 (SRA number 645296).